Srinath Sai Ram
Hr Manager
Hr Consultant
Asst Manager Hr
Accounts Executive
+2 Others

Thread Started by #Pritam1111

Should we calculate EDLI Admin charges (PF related) on total EDLI Wages of the Company or on the individual contribution of the member ?
For Example: Total EDLI Wages of 5 Members 41,951/-
if we calculate on total wages Charges will 0.01% = 4/-
But if we calculate on individual wages
15,000 = 2
15,000 = 2
5,661 = 1
6,290 = 1
41,951 = 6
It will be Rs 6/-
from first method we get Rs 4/- & in Second method we get Rs 6/-. Which one is Correct ? Please anybody help
12th February 2017 From India, Udupi
EDLI and total PF is an individual basis charge. So calculation on company basis will be faulty. Also your contribution is entered by the department on individual basis. Thus they may send you demand for the difference.
12th February 2017 From India, Kolkata
Yes i know EDLI (0.5%) and PF(12%) Contribution must on individual basis. But what about EPF Admin Charges (0.85%) & EDLI Admin Charges (0.01%) ?
12th February 2017 From India, Udupi
That’s what is said, department manages each employee record separately, for that it makes those charges. So the payment is made on employee basis.
12th February 2017 From India, Kolkata
01.01.2015 onwards 0.85% On total pay on which contributions are payable. Minimum Administrative charges payable per month per establishment is Rs. 500/-.
On total pay on which contributions are payable
12th February 2017 From India, Udupi
EDLI is now calculated by the department itself, employer has to enterin ECR just gross wages, EPF wages , EPS wages, EDLI Wages ( EDLI wages are equal to EPF wages) and their contributions for EE share, EPS share , difference, NCP days
balance EDLI charges are now calculated by department itself at the the time of challan generation.
12th February 2017
But Sir, What about EDLI Adminitrative Charges & EPF Adminitrative Charges ?
13th February 2017 From India, Udupi
EDLI Admin. Charges are calculated on total EDLI wages, subject to a minimum payment of Rs. 200/- per month.
13th February 2017 From India, Pune
EDLI and EDLI admn. shall be calculated on total EDLI wages and not on individual salaries. In PF version-2, EDLI 0.5% is calculated by the system itself.
13th February 2017 From India, Visakhapatnam
A/C NO2 @0.85# Minimum Rs500/- or Which ever is Higher on EPF Wages
A/C #22 @0.01% Minimum Rs200/- or Which ever is Higher on EDLI Wages & Non EPS Members Wages Subject to a Maximum of Rs15,000/- Per Employee
13th February 2017 From India, New Delhi
I agree with Srinath,
All the details clearly mentioned in the portal itself, i got some details from the web i have furnished below for better understanding.....
1. Contribution to be paid on up to maximum wage ceiling of 15000/- even if PF is paid on higher wages.
2. Each contribution is to be rounded to nearest rupee. (Example for each employee getting wages
above 15000, amount will be 75/-)
3. EDLI contribution to be paid even if member has crossed 58 years age and pension contribution is
not payable. This is to be paid as long as the member is in service and PF is being paid.
15th February 2017 From India, Bangalore
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